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PLUG

Plug Power

$2.29

-0.005 (-0.22%)

07:08
07/11/19
07/11
07:08
07/11/19
07:08

Plug Power announces expanded contract with FM Logistic

Plug Power announced an expanded contract with FM Logistic, making it the first traditional GenKey customer in Europe. FM Logistic initially adopted Plug Power's GenDrive hydrogen fuel cell technology in 2015. The expanded relationship will include an increased fleet of GenDrive fuel cells along with a GenFuel hydrogen refueling station - Plug Power's first in Europe - which will supply FM Logistic's hydrogen capacity over the next five years. The new contract was signed in May 2019 and will include all necessary refueling infrastructure, related services, and hydrogen fuel. The new hydrogen refueling station will be located at FM Logistic's operation in Neuville aux Bois, France.

PLUG Plug Power
$2.29

-0.005 (-0.22%)

01/30/19
ROTH
01/30/19
UPGRADE
Target $1.3
ROTH
Neutral
Plug Power upgraded to Neutral from Sell at Roth Capital
Roth Capital analyst Craig Irwin upgraded Plug Power to Neutral citing valuation. The share price now appropriately values the key risks and opportunities surrounding the company's operations, Irwin tells investors in a research note. The analyst, however, remains skeptical about Plug Power's second half of 2019 timeline for suggested EBITDA profitability. He maintains a $1.30 price target for the shares.
01/30/19
01/30/19
UPGRADE

Fly Intel: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Synchrony (SYF) upgraded to Buy from Neutral at BofA/Merrill with analyst Kenneth Bruce saying the company's renewal of the Sam's Club partnership, the sale of the Walmart (WMT) portfolio to Capital One (COF) and Walmart's dismissal of the lawsuit against Synchrony "substantially remove many of the key risks" that had been facing the company. 2. Alliant Energy (LNT) upgraded to Outperform from Market Perform at Wells Fargo. 3. Western New England Bancorp (WNEB) upgraded to Buy from Neutral at Compass Point. 4. Plug Power (PLUG) upgraded to Neutral from Sell at Roth Capital with analyst Craig Irwin citing valuation. 5. Intercept (ICPT) upgraded to Outperform from Market Perform at JMP Securities with analyst Lisa Bayko saying she thinks the REGENERATE trial, which will be reading out this quarter, has "a good shot" to hit on the fibrosis endpoint. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
03/13/19
RILY
03/13/19
INITIATION
Target $3.5
RILY
Buy
Plug Power resumed with a Buy at B. Riley FBR
B. Riley FBR analyst Christopher Van Horn resumed coverage of Plug Power with a Buy rating and $3.50 price target. The rating and price target are unchanged from the firm's prior coverage.
06/11/19
HCWC
06/11/19
NO CHANGE
HCWC
Plug Power acquisition positions it to capitalize, says H.C. Wainwright
H.C. Wainwright analyst Amit Dayal maintained a Buy rating and $4 price target on Plug Power following the company's acquisition of lightweight fuel cell company EnergyOr for an undisclosed amount. Dayal said the acquisition puts the company in a position to capitalize on the adoption of last-mile delivery drones, as well as opening additional markets for military unmanned aerial vehicles.

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AN

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AN

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STLD

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STLD

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FDEF

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WAFD

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FBMS

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NTDOY

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OEC

Orion Engineered

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